Latest in Reported Volkswagen Plans Shut
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Volkswagen plans to close at least 3 German plants and cut thousands of jobs
Europe’s largest carmaker tells works council it would slash pay by 10%Business - Financial Times - October 28 -
Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.Business - CNBC - October 30 -
Volkswagen cuts plan sends shock through the ‘Detroit of east Germany’
In the city of Zwickau, which has a proud history in the country’s mighty automobile industry, there are fears about the economic and political fallout . Zwickau gained its nickname as the Detroit ...World - The Guardian - November 3 -
Cuomo Objects to Plan to Shut Down the A Train for 4 Months
Former Gov. Andrew M. Cuomo, who is eyeing a potential run for New York City mayor next year, criticized plans to close part of the A train in the Rockaways for months.Top stories - The New York Times - November 5 -
Amazon plans to shut down Freevee, its no-cost streaming service
Amazon will phase out its streaming service Freevee, the company confirmed. The free, ad-supported service was the original home for the series 'Jury Duty.'Entertainment - Los Angeles Times - November 13 -
Business owners warn Trump’s deportation plan could shut them down
Vow to round up undocumented workers risks labour shortages and higher pricesWorld - Financial Times - 6 days ago -
BrewDog shuts Mumbai bars in blow to India expansion plans
UK craft-beer maker last year said it wanted to open 100 outlets in the countryWorld - Financial Times - 5 days ago -
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - October 28 -
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Volkswagen's employee council says the automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least three plants in GermanyWorld - ABC News - October 28 -
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Miscarriages due to climate crisis a ‘blind spot’ in action plans – report
The harm to babies and mothers is one of the warnings being sent to Cop29 decision-makers by leading scientists. Miscarriages, premature babies and harm to mothers caused by the climate crisis are ...World - The Guardian - October 28 -
Green energy plan needs 600 miles of power lines - report
Energy planners say Labour's 2030 electricity net zero target is "achievable" but a "huge challenge".Top stories - BBC News - November 5 -
House Ethics panel planned to vote Friday on whether to release report on Gaetz
President-elect Donald Trump announced Wednesday that he would nominate Rep. Matt Gaetz to be attorney general.Top stories - CBS News - November 13 -
Volkswagen is in crisis again. Can it be reformed?
Europe’s largest carmaker is at war with workers and politicians as it tries to navigate a painful EV transitionWorld - Financial Times - October 31 -
Oil prices lifted by report Iran may be planning another major strike on Israel
Oil futures finished higher on Friday, finding support after a news report that Iran may be planning another major strike on Israel.Business - MarketWatch - November 1 -
Ukraine war briefing: Biden plans military aid surge from billions still available, say reports
Zelenskyy congratulates Trump on election win – but gloom and uncertainty prevail in Kyiv. What we know on day 988. See all our coverage of the Russia-Ukraine war The Biden White House ...World - The Guardian - November 7 -
23andMe reports sales decline a day after announcing plans to cut 40% of workforce
Embattled genetic testing provider 23andMe said Tuesday that revenue declined from a year earlier, a day after the company announced a cost-cutting plan.Business - CNBC - November 12 -
Vaccine maker stocks fall as Trump chooses RFK Jr. to lead HHS
Shares of Moderna, Novavax, Pfizer, BioNTech and GSK closed lower on Thursday.Business - CNBC - November 15 -
Trump signals use of military for deportations
President-elect Trump recirculated a social media post Monday suggesting his incoming administration will declare an immigration national emergency and use military assets to support his mass ...Politics - The Hill - 5 days ago -
Super Micro files plan for its delayed reports, names new auditor; stock soars 40%
Super Micro’s stock rallies after news that staves off delisting — at least for now.Business - MarketWatch - 5 days ago -
Is It Possible for Trump to Shut the Department of Education?
Donald Trump said he would use the department to further his priorities. He also said he would close it. Both options would face difficulties.Top stories - The New York Times - November 13 -
Foreign Election Interference, and Volkswagen May Close Factories
Plus, why you should never cross a crow.Top stories - The New York Times - October 29 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Volkswagen Profit Shrinks as Unions Threaten Strike
Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.Business - The New York Times - October 30 -
How Volkswagen Lost Its Way in China
A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market it led for 40 years.Business - The New York Times - October 31 -
Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - October 30 -
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.Business - The New York Times - November 12 -
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.Business - MarketWatch - November 13 -
Head of Volkswagen’s North American division steps down
Pablo Di Si leaves carmaker ‘at own request’ to be replaced by Porsche veteran amid push to regain US market shareWorld - Financial Times - 4 days ago -
Matt Gaetz withdraws as Trump’s nominee for US attorney-general
Former congressman says controversy around his nomination had become a ‘distraction’Business - Financial Times - 2 days ago -
Volkswagen workers in Germany prepare to strike within weeks
Executives reject union proposal that would rule out factory closures in the countryWorld - Financial Times - 2 days ago -
Sydney identifies 'disgusting' balls that shut beaches
The so-called tar balls were a combination of oil, human faeces and other substances, scientists say.Top stories - BBC News - November 7 -
Warnings for ice after snow closes schools
The Met Office has a yellow weather warning for snow and ice across most of Wales.Top stories - BBC News - 4 days ago